Four key Asia Pacific hotel markets, led by New Delhi, surpassed their pre-pandemic levels in gross operating profit per available room (GOPPAR), according to STR‘s September 2022 P&L data release.
Liz Ortiguera provides an update on the region’s recovery, the challenges facing travel, tourism and hospitality business and how the Asia Pacific region is the one to watch in the future.
Marriott to expand Asia Pacific luxury hotel portfolio with 14 expected additional properties by end of 2023
The planned additions highlight the strategic growth of Marriott International’s luxury hotel portfolio in the region, where it currently operates 156 luxury properties across 13 countries.
The expanding footprint of luxury and lifestyle hotels and resorts sees Hyatt’s brands entering new markets across the region, offering unique experiences to guests, World of Hyatt members, and customers.
Recent Asia Pacific, excluding China, Hotel Construction Pipeline Trend Report showed that the region’s total construction pipeline improved.
Cross Hotels & Resorts has announced the promotions of Paul Wilson to the positioning of Executive Vice President, Ratchaya Termsilkanok to VP Strategy & Digital Transformation, Evan Burns to Country Manager Indonesia, and Tran Lam to Director of Technical Services & Business Development, as part of the company’s bold expansion across Asia Pacific.
The Pacific Asia Travel Association released its latest quarterly updated international visitor arrivals forecast based on the data provided by 39 Asia Pacific destinations.
Tourism leaders from across Asia and the Pacific have placed building resilience and embracing innovation at the heart of the sector’s restart and sustainable future.